Option Traders Buying ProLogis Calls and LAN Airlines Puts

Option traders appear to be setting up for a bullish move on ProLogis

. Traders plowed into 1,067 new call option contracts -- 2.81 times the average volume -- on the stock on Thursday. And we know that traders were eager to get into this trade because 95% of the trades came in on the ask price. ProLogis looks like it formed a bottom in early July and has since formed a higher low in August. The stock closed Thursday at $10.92, down 0.18% during the past month. Option traders also look like they are preparing for a bearish move on LAN Airlines S.A.

. Traders bought 2,035.00 new put option contracts -- 39.13 times the average volume -- on the stock. A full 98% of these trades also came in on the ask price. To read the rest, head over to

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